Wednesday, October 24, 2012

US elections: what about the dollar?

US elections: what about the dollar?


There are different view concerning this issue, but the most common view is presented below.
If Obama wins, US dollar might weaken. The reelection of President Barack Obama is generally seen as a better outcome for the market’s sentiment and could be good for stocks and risk-sensitive currencies and, consequently, negative for the greenback. Read more